NOT LISTED FOR SALE

7857 Lake Dr Clay, MI 48001

Estimated Value: $189,051 - $222,000

1 Bed
1 Bath
925 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 09, 2017

Last sale price $77,000 $83 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,282/month

11 Days on Market

Highlights

  • Boat Facilities
  • Home fronts a canal
  • Wood Flooring
  • Access To Lake
  • Ranch Style House
  • Sun or Florida Room

About This Home

As of May 2017

Awesome Value, Great Location, Super floor Plan, Charming canal front ranch, updated in 1997. Features a natural fireplace with wood floors through, cut out in seawall for boat storage. The canal is straight out to the lake with no bridges. This one is a MUST see!!

Last Agent to Sell the Property

Steve Lawson

Network 100 Real Estate License #MISPE-6502361332 Listed on: 03/24/2017

Last Buyer's Agent

Kristi Donaldson

Berkshire Hathaway HomeServices Kee Realty NB License #MISPE-6501278727

Berkshire Hathaway HomeServices Kee Realty NB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Home fronts a canal
  • Street terminates at a dead end

Parking

  • 1 Car Parking Space

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 925 Sq Ft Home
  • Fireplace
  • Sun or Florida Room
  • Crawl Space

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake
  • Seawall
  • Boat Facilities
  • Porch

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 14-496-0072-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,893

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1892.97
  • Total Tax Year: 2016
  • Year Built: 1950
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: Natural Fireplace
  • Bedrooms: 1
  • Bedroom 1: On Entry Level, Dimensions: 11 x 11
  • Bedroom 1 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 6 x 6, On Level: Entry, Flooring: Laminate
  • Room Types: First Floor Laundry, First Floor Mstr Bedroom, Sun/Florida Room
  • Dining Room: On Entry Level, Dimensions: 10 x 10
  • Dining Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 11 x 10
  • Kitchen Features: Dining "L"
  • Kitchen Floor Covering: Laminate
  • Living Room: On Entry Level, Dimensions: 12 x 12
  • Living Room Floor Covering: Wood
  • Above Grade Finished Sq Ft: 925
  • Total Finished Sq Ft: 925

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Crawl
  • Frontage: 40
  • Road: Paved Street
  • Water Features: All Sports Lake, Boat Facility, Canal Frontage, Lake Frontage, Lake/River Access, Sea Wall, Water View
  • Waterfront: Yes

Garage/Parking

  • Parking: 1 Space

Utilities

  • Heating: Wall Heat
  • Heating Fuel: Electric
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 14-496-0072-000
  • Zoning: Residential
  • Location: Dead End
  • Lot Dimensions: 40X100
  • Acreage: 0.09
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,314.37
  • Winter Tax: Year: 2016, Amount: $78.60
  • Total Tax: Year: 2016, Amount: $1,892.97
  • SEV Year: 2016

MLS Schools

  • School District: Algonac Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 22, 2017
Sold by
Fannie Mae and Federal National Mortgage Association
Bought by
Desmith Dania M
Seller's Agent
Steve Lawson
Network 100 Real Estate
Buyer's Agent
Kristi Donaldson
Berkshire Hathaway HomeServices Kee Realty NB
List Price
$75,000
Sold Price
$77,000
Premium/Discount to List
$2,000
2.67%
Current Estimated Value
$204,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,754
Avg. Annual Appreciation
12.54%
Original Mortgage
$57,750
Outstanding Balance
$48,266
Interest Rate
4.02%
Estimated Equity
$156,110
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Desmith Dania M $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desmith Dania M $57,750
Closed Desmith Dania M --
Previous Owner Webster Kenneth $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Sold $77,000 +2.7% $83 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $75,000 -- $81 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,937 $86,100 $0 $0
2024 $1,937 $81,000 $0 $0
2023 $1,856 $71,200 $0 $0
2022 $2,540 $66,300 $0 $0
2021 $2,446 $62,700 $0 $0
2020 $2,431 $55,700 $55,700 $0
2019 $2,372 $53,100 $0 $0
2018 $2,339 $42,400 $0 $0
2017 $1,903 $42,400 $0 $0
2016 $1,314 $42,400 $0 $0
2015 -- $39,700 $39,700 $0
2014 -- $37,000 $37,000 $0
2013 -- $36,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31315546

Michigan Multiple Listing Service

APN: 14-496-0072-000